Airbus has published a risk assessment outlining the “urgent risks” to its business arising from the UK exiting the European Union without a withdrawal agreement. It states that the UK exiting the EU next year without a deal – therefore leaving both the single market and customs union immediately and without any agreed transition – […]
United Kingdom is prepared to request staying as part of the European Aviation Safety Agency (EASA) after the country officially leaves the European Union, according to a report by Sky News. The move is seen as necessary to prevent major disruptions for UK’s aviation and comes after the pressure by not only the local or […]
The second-largest European low-cost carrier easyJet, based in the UK, has been issued with an Austrian air operator’s certificate (AOC). Such a move will allow the airline that operates multiple routes in Europe to protect itself from the possible legal consequences of Brexit – Britain’s seemingly inevitable withdrawal from the EU. easyJet Europe, a newly […]
Great Britain could potentially see a disruption of air ties with European Union members in the post-Brexit world of 2019, unless commercial aviation gets priority status when discussing the particularities of the divorce, according to Kenny Jacobs, Ryanair’s Chief Marketing Officer. On the extreme end of the possible outcomes is the looming danger of losing […]
IAG holding, controlling British Airways and Iberia, is planning on cutting its capital expenditure by $1.6 billion due to uncertainty that was caused by the decision of Britain to leave the European Union, according to the company’s CFO Enrique Dupuy. The company will also rethink the last orders for Boeing and Airbus aircraft, while at […]
The Emirates chief says Brexit is not a primary concern for the carrier, while other airline executives say Britain is in a position to woo even more visitors than before because of the weak pound. “Brexit is just one of many things that happened in the global economy,” said Tim Clark, the president of Emirates. […]
On June 23rd, the citizens of the United Kingdom voted to leave the European Union. The decision was rather unexpected and left the nation in abyss about its future relationship with EU member states. The fate of airline industry is also shadowed because after withdrawal new aviation arrangements will have to be put in place. […]
